real-time news and commentary for investors
Monday, Aug 26
Kronos shares jump early
- Shares of titanium dioxide producer Kronos (KRO +4.2%) are notably higher in early trading.
- In an article published Sunday, SA contributor Nathan Rapport says "record sales volumes, increased selling prices, and decreased cost of goods" are compelling reasons to be optimistic about the company's near-term outlook.
- As for the longer-term, Rapport thinks KRO's current ratio is "healthy" and says the dividend offers a bit of a downside cushion.